Companies being Greedy

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(Edited)

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Hello, you all probably already know that inflation is at 9.1% — a 40-year high, no way millionaires have had it that bad have they?

What I just found out and or maybe it was whispered sometime ago but it rang a bell this time and what we might not know is that corporate profits are up 25% year over year — a 50-year high huh? how is that possible.

What is going on? Stop and think a bit or maybe it's just the crazy online personal.. But how is it that massive corporations are making record profits at a time when you/us/consumers are looking at our bills and might want to figure out what's not for dinner tonight it's tough gas is high water is stupid priced, cell phone bills are just draining your bank accounts.. this is of course of you are a regular joe 9-5 type deal or maybe not.

Seriously though look at it they corporations are making mad profits while we are losing mad profits.. inflation? you mean a bit of greed involved.

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Greed is the cause of inflation false data to pump $$

I know right funky. Did corporate greed fuel inflation? It’s not biggest culprit

Big Corporations use inflation as an excuse to raise prices, surprised?
DID CORPORATE GREED BREAK THE SUPPLY CHAIN? (WITH RAKEEN MABUD)

More or less this is an example of "how" it might work

Consumers basically everyone on this planet is one.. become accustomed to higher prices even if we fuss about gas/food etc. as a result of inflation along with supply chain issues and the war in Ukraine or Covid, in our current case.

Missive Corporations use the opportunity to increase prices and boost profits, even if their own costs haven’t changed literally... you thought the pharmaceuticals ordeal was bad.. Such as when they state there is no baby formula.. total BS right?

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Cars are also a lie boosting up the price of vehicle value due to Covid, "stating a shortage of microchips and or used vehicles in stock". The car Markup is better turnaround than the stock market or crypto market.

Big Retailers just recently called out Mastercard and Visa for increasing their transactional fees, even though their own cost was not impacted by such events they saw real cost issues with other industries and tried to ride the wave, what did they expect and for what reason.

Profit maximization seems to be the biggest culprit if inflation I suppose, simply means lets try not to get ULRTA HIGH APRS like every crypto shop is doing and is paying for it in this bear market.. The Stock Market is no different over inflating numbers, profit/loss to maximin portfolios and data being manipulated in all sectors it's a tragedy.. you thought 2008 was bad....

It's all a mess

Posted Using LeoFinance Beta



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